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Updated:Apr 23, 2026
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TransferWise (Wise) growth, product launches and rebranding (2011–2020)

TransferWise (Wise) growth, product launches and rebranding (2011–2020)

  1. TransferWise founded to cut cross-border fees

    Labels: Kristo K, Taavet Hinrikus, TransferWise

  2. Seed funding round supports early expansion

    Labels: Seed funding, TransferWise

  3. Valar Ventures leads $6M Series A

    Labels: Valar Ventures, Peter Thiel, Series A

  4. iOS app released for mobile transfers

    Labels: iOS app, TransferWise

  5. £1B transferred milestone and Android app launch

    Labels: Android app, TransferWise

  6. Richard Branson backs $25M funding round

    Labels: Richard Branson, Funding round, TransferWise

  7. $58M round and full U.S. launch

    Labels: Andreessen Horowitz, Series B, United States

  8. TransferWise adds in-app bank partnership with N26

    Labels: N26 partnership, API integration, TransferWise

  9. TransferWise for Business launches in the U.S.

    Labels: TransferWise for, United States

  10. Profitability announced as scaling milestone

    Labels: Profitability, TransferWise

  11. Borderless account launches for multi-currency holding

    Labels: Borderless account, Multi-currency

  12. CEO transition to Kristo Käärmann

    Labels: Kristo K, Taavet Hinrikus

  13. Series E raises $280M at about $1.6B

    Labels: Series E, TransferWise

  14. Consumer Borderless account and debit card private launch

    Labels: Borderless card, Consumer launch

  15. BPCE partnership signals mainstream bank integration

    Labels: Groupe BPCE, Partnership

  16. Secondary sale values TransferWise at $3.5B

    Labels: Secondary sale, TransferWise

  17. TransferWise for Banks launches in the U.S.

    Labels: TransferWise for, API

  18. Secondary round values TransferWise at about $5B

    Labels: Secondary sale, TransferWise

  19. Profitability and scale reported for fiscal year 2020

    Labels: Fiscal 2020, TransferWise